ChargePoint closes series G round at $125m

Jun 29, 2017 • Robert Lavine

EV charging network ChargePoint's Daimler-led series G was increased from $106m to $125m, with existing investor and strategic partner Siemens joining the round.

US-based electric vehicle (EV) charging network operator ChargePoint closed a series G round led by carmaker Daimler at $125m yesterday, after raising an additional $19m from investors including industrial product manufacturer Siemens.

BMW i Ventures, the strategic investment arm of automotive manufacturer BMW, also took part in the round, as did venture capital firms Linse Capital and Braemar Energy Ventures, and private equity firm Rho Capital Partners.

ChargePoint runs a network of almost 38,000 chargers working with electric cars, buses…

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